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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (8713)	4/29/1998 2:48:00 PM
From: Jenna	Respond to of 120523

LGTO: gotten some questions about this one: I think LGTO which surprised is a high growth stock. It was an 'earnings plays' and on my watch lists... that came in with a nice 8% earning surprise. I think the chart just turned around after it's stochastic was in an OVERSOLD situation. If I held it I'd hold. It was a BUY this morning. It was given same prize as ITIG at Deloitte & Touche Fast 500 recognizes the tremendous growth and achievements of those companies leading the rapidly expanding technology market and the economy throughout the nation. Roy Avondet, who leads Deloitte & Touche's Northern California High Technology Group, presented the Award to Louis C. Cole, Legato's president and CEO, at an all-employee meeting in the company's .......Palo Alto headquarters on April 16. Mr. Avondet said, "Legato's growth is the result of the creativity and entrepreneurial spirit which symbolizes Silicon Valley, leading to the production of the world's most versatile technologies and products." Legato Systems ranked Number 321 out of 500 companies with 844 percent growth over a five-year period. This complements a Deloitte & Touche Silicon Valley Technology Fast 50 Award Legato received last September where Legato ranked Number 32 out of 50.